You Work for a Performance Sports Clothing Company

question 11

Multiple Choice

You work for a performance sports clothing company. Your CEO has just read a book on criticisms of the NHST and worries that all company data analysis is now flawed and will lead to huge financial losses. How might you reassure her?

• A) NHST does have its flaws but if we incorporate an examination of effect sizes into our analysis, we should be able to trust our research outputs.
• B) NHST does have its flaws but everyone else uses it, therefore we should.
• C) NHST is a flawless approach and the book was probably written by a disciple of the Bayesian approach.
• D) NHST is a flawless approach and we need to invest in more data analysts who are trained in it.

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Definitions:

Avoid The Contract

The act of declaring a contract null and void, meaning it is treated as if it never existed due to breaches or violations of terms.

Ratification

The act of accepting and giving legal force to an obligation that previously was not enforceable.

Legal Force

the effect or power of law enforced by judicial or governmental institutions to mandate compliance or punish violations.

Mentally Incompetent

A legal status indicating that an individual lacks the mental capacity to manage their own affairs or make important decisions.